Circular Economy for International Monetary Fund

CONTEXT

A circular economy aims to decouple economic growth from the use of natural resources and ecosystems by using those resources more effectively. By definition it is a driver for innovation in the areas of material-, component- and product reuse, as well as new business models such as solutions and services.

INFO

´For a sustainable world, the transition from a linear to a circular economy is essential.´ Frans van Houten, CEO and Chairman of the Executive Committee and the Board of Management of Royal Philips. More information on Circular Economy & Philips Website
International Monetary Fund IMF Website